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KUALA LUMPUR: Shares of Singapore-listed telco M1 Ltd hit a low of S$1.915 in Wednesday trade, after its largest shareholders dropped their plans to sell Singapore’s smallest mobile-phone carrier.
KUALA LUMPUR: Blue chips fell at midday on Tuesday, weighed down by CIMB, Maybank and Axiata while the ringgit lost ground against the major currencies after the mostly weaker coprorate results in the first quarter.
PETALING JAYA: Warming relations between China and Malaysia, along with the resurrection of China-linked projects such as the RM44bil East Coast Rail Link (ECRL) and the RM140bil Bandar Malaysia project, are catalysts that have yet to be factored into the Malaysian stock market.
KUALA LUMPUR: Shares of DRB-Hicom Bhd shares fell almost 2.5% in early trade on Tuesday after the company confirmed that Malaysian Anti-Corruption Commission (MACC) has remanded two top executives of its subsidiary.
REVIEW: The damp domestic outlook did little to spur buying interest on Bursa Malaysia, leaving the market softer over the week.
KUALA LUMPUR: Shares of Petronas Chemicals Group Bhd (PetChem) and Dialog Group Bhd fell on Friday after a fire and explosion occurred at the Pengerang Integrated Complex in Johor.
KUALA LUMPUR: Fund buying of Hong Leong Bank and Digi helped the FBM KLCI stage a mild rebound on Friday after a voaltile week, as sentiment was shored up by the firm key Asian markets.
KUALA LUMPUR: Genting Malaysia and Genting weighed heavily on the local benchmark index on Tuesday following news that Twenty-First Century Fox Inc was pulling out of the contract for the construction of the Fox theme park in Genting Highlands.